The World Bank has approved a total of $8.40bn (N12.89tn) in fresh loans to Nigeria over the past two years, according to...
The Federal Inland Revenue Service (FIRS) has commenced an electronic invoicing solution (e-invoicing) aimed at revolutionising tax payment in the country. The...
Amid excess liquidity in the financial sector, banks and merchant banks borrowing from the Central Bank of Nigeria (CBN) dropped by 12.84...
Bank of Industry (BOI) has reiterated its commitment to improving access to affordable financing for the Micro Small and Medium Enterprises (MSMEs) by...
The Nigeria Inter-Bank Settlement System (NIBSS) data has shown that the number of Nigerian bank account owners linked to Bank Verification Number (BVN) hit...
In compliance with a recent directive from the Central Bank of Nigeria (CBN), banks have begun suspending instant transaction alerts for cheques...
The Federal Government has reiterated its determination to bridge the credit gap for Micro, Small and Medium enterprises (MSMEs), local manufacturers and...
As global headwinds torment financial markets, the Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has asked anxious Nigerians and the international...
Businesses across Nigeria are feeling the squeeze of rising borrowing costs, with high interest rates emerging as the most pressing constraint to...
In spite of the N4 trillion debt owed the electricity sector, the Federal Government has again obtained a $500 million loan from...